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About This Home

This 1-bedroom, 2-bathroom single family at 507 River Street in Luther, MI is listed for $149,900 ($191 per sqft). Built in 1900, the home offers 784 sqft of living space on a 0.40 acres lot.

Agent Description

Looking for an affordable Up North getaway, year-round home, or investment property with extra living space? This beautifully maintained and recently updated 1-bedroom, 1-bath home in the Village of Luther offers far more than meets the eye! The main home features 784 square feet of comfortable living space, highlighted by a cozy fireplace, numerous recent updates, and a whole-house backup generator for added peace of mind.

But the real bonus is the detached garage with a newly finished 270-square-foot living area complete with its own full bathroom. This versatile space is perfect as a guest suite, mother-in-law suite, teenager retreat, home office, hobby room, or potential second bedroom—adding incredible flexibility and value rarely found in this price range.

Situated on a spacious corner lot, you'll enjoy plenty of room for outdoor activities while being just minutes from some of Northern Michigan's best recreation. Luther is known for its proximity to thousands of acres of state land, ORV and snowmobile trails, rivers, lakes, camping, hunting, fishing, hiking, and outdoor adventure.

The area is a popular destination for outdoor enthusiasts seeking year-round recreation and a true Pure Michigan lifestyle. Luther is also surrounded by scenic forests, trail systems, and easy access to the renowned Pine River corridor. Whether you're searching for a starter home, vacation retreat, hunting base camp, or property with separate guest quarters, this unique opportunity checks all the boxes. Don't miss your chance to own this versatile Northern Michigan gem!

Key Features

  • Built in 1900
  • 0.40 acre lot

Property Details

1 story
2 full
1900

Monthly Cost Estimate

$802/mo

20% down · 6.5% · 30 years

Principal$108
Interest$650
Insurance$44

Estimates only. Actual payments may vary.

Location

507 River Street

Luther, MI 49656

Features & Amenities

Interior Features

Drywall

Exterior Features

VinylOut Building

Property Details

Heating

Forced Air

Appliances

DryerRangeRefrigerator

Questions & Answers

This 1-bedroom, 2-bathroom single family at 507 River Street is listed at $149,900 ($191/sqft). The estimated monthly payment is $650 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.40 acre lot. Interior Features: Drywall. Exterior Features: Vinyl, Out Building.

This property is listed by Barry Fall and can be reached at 2313574673 or barry.fall@gmail.com.

BF

Barry Fall

Agent at ERA Greater North Properties

(231) 357-4673

Listed by ERA Greater North Properties · View on Broker Site

MLS# 1946153· Source: listhub· Updated 2 days ago

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

507 River Street, Luther, MI 49656

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